Treasury Bills

BRIEFCASE

February 14, 1989

UP AND DOWN. Interest rates on short-term Treasury securities were mixed in Monday's auction. The Treasury Department said it sold $7.2 billion in three-month bills at an average discount rate of 8.49 percent, down from 8.57 percent last week. The government also auctioned $7.2 billion in six-month bills at an average discount rate of 8.54 percent, up from 8.53 percent last week.